MN SF1752

Replaces fixed dollar thresholds ($3,200 and $8,000) in debt service equalization levy calculations with percentages of the statewide adjusted net tax capacity equalizing factor, effective for fiscal year 2013 and later.

Replaces fixed dollar thresholds ($476,000 and $270,000) in referendum equalization levy calculations with percentages of the statewide referendum market value equalizing factor, effective for fiscal year 2013 and later.

Establishes the adjusted net tax capacity equalizing factor as total adjusted net tax capacity of all school districts divided by total adjusted marginal cost pupil units statewide, effective for taxes payable in 2012 and later.

Establishes the referendum market value equalizing factor as total referendum market value of all school districts divided by total resident marginal cost pupil units statewide, effective for taxes payable in 2012 and later.